NewJersey Resources Corporation (NJR) Dividends

NewJersey Resources Corporation (NJR)

Today's Latest Price: $29.55 USD

0.15 (0.51%)

Updated Oct 23 7:00pm

Add NJR to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 61 in Utilities - Domestic

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • NJR is producing more trailing twelve month cash flow than only 5.87% of US dividend stocks.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with NJR that may be suitable potential portfolio mates: EYE, CHDN, ICE, UN and FSI.
NJR Ex-Dividend Date
NJR Dividend Yield
4.50%
NJR Annual Dividend
$1.33
NJR Payout Ratio

NJR Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$29.55$24.39 -14.02%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding New Jersey Resources Corp, the dividend discount model StockNews created for the company implies a negative return of 14.02%. Digging deeper, the aspects of New Jersey Resources Corp's dividend discount model that we found most interesting were:

  • NJR generates about 2 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than 86.62% of companies in the mid revenue class.
  • Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for NJR than it is for only 1.47% of other equities in the Utilities sector that also issue dividends.
  • In comparison to its fellow dividend issuing stocks in the Utilities sector, New Jersey Resources Corp has an equity discount rate lower than only 1.47% of them.

NJR Dividend Chart


NJR Dividend History

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...


NJR Dividends vs. Peers

NJR's dividend yield currently ranks #11 of 70 vs. its peers in the Utilities - Domestic category.
Rank Symbol Name Dividend Yield
1 OKE ONEOK, Inc. 14.10%
2 CAFD 8point3 Energy Partners LP - Shares 9.02%
3 SPKE Spark Energy, Inc. - 8.59%
4 PEGI Pattern Energy Group Inc. - 6.32%
5 SJI South Jersey Industries, Inc. 5.99%
6 AY Atlantica Yield plc - Ordinary Shares 5.94%
7 PPL PPL Corporation 5.88%
8 FE FirstEnergy Corp. 5.28%
9 OGE OGE Energy Corp 4.99%
10 EIX Edison International 4.95%
11 NJR NewJersey Resources Corporation 4.83%
12 NWE NorthWestern Corporation 4.80%
13 D Dominion Energy, Inc. 4.71%
14 AVA Avista Corporation 4.68%
15 SR Spire Inc. 4.66%
16 ALE Allete, Inc. 4.65%
17 SO Southern Company (The) 4.55%
18 CWEN Clearway Energy, Inc. Class C 4.53%
19 POR Portland General Electric Co 4.45%
20 EXC Exelon Corporation 4.26%
21 DUK Duke Energy Corporation (Holding Company) 4.21%
22 NWN Northwest Natural Holding Company 4.20%
23 TERP TerraForm Power, Inc. - New 4.19%
24 PNW Pinnacle West Capital Corporation 4.02%
25 OTTR Otter Tail Corporation 3.99%
26 UGI UGI Corporation 3.95%
27 HE Hawaiian Electric Industries, Inc. 3.89%
28 BKH Black Hills Corporation 3.87%
29 NRG NRG Energy, Inc. 3.86%
30 ED Consolidated Edison, Inc. 3.84%
31 UTL UNITIL Corporation 3.80%
32 NI NiSource Inc 3.79%
33 MDU MDU Resources Group, Inc. (Holding Company) 3.64%
34 ETR Entergy Corporation 3.59%
35 SWX Southwest Gas Holdings, Inc. 3.56%
36 DTE DTE Energy Company 3.55%
37 PEG Public Service Enterprise Group Incorporated 3.50%
38 SRE Sempra Energy 3.47%
39 AGR Avangrid, Inc. 3.36%
40 GXP Great Plains Energy Incorporated 3.34%
41 AEP American Electric Power Company, Inc. 3.28%
42 IDA IDACORP, Inc. 3.23%
43 OGS ONE Gas, Inc. 3.10%
44 AES The AES Corporation 3.07%
45 CNP CenterPoint Energy, Inc (Holding Co) 3.01%
46 VST Vistra Energy Corp. 3.00%
47 WR Westar Energy, Inc. 2.90%
48 PNM PNM Resources, Inc. (Holding Co.) 2.87%
49 LNT Alliant Energy Corporation 2.86%
50 VVC Vectren Corporation 2.65%
51 CMS CMS Energy Corporation 2.64%
52 ES Eversource Energy (D/B/A) 2.61%
53 WEC WEC Energy Group, Inc. 2.59%
54 AEE Ameren Corporation 2.48%
55 XEL Xcel Energy Inc. 2.44%
56 EE El Paso Electric Company 2.40%
57 ATO Atmos Energy Corporation 2.40%
58 WGL WGL Holdings Inc 2.32%
59 MGEE MGE Energy Inc. 2.32%
60 EGAS Gas Natural Inc. (OH) 2.29%
61 CPK Chesapeake Utilities Corporation 2.06%
62 NEE NextEra Energy, Inc. 1.99%
63 SCG SCANA Corporation 1.01%
64 HTM U.S. Geothermal Inc. 0.00%
65 DYN Dynegy Inc. 0.00%
66 CPN Calpine Corporation 0.00%
67 AT Atlantic Power Corporation Ordinary Shares (Canada) 0.00%
68 RGCO RGC Resources Inc. 0.00%
69 GLBL TerraForm Global, Inc. - 0.00%
70 PCG Pacific Gas & Electric Co. 0.00%

Looking for More Information on NJR dividends?

Want to see what other sources are saying about New Jersey Resources Corp's dividends? Try the links below:

New Jersey Resources Corp Common Stock (NJR) Dividend History | Nasdaq
Dividend History for New Jersey Resources Corp (NJR) - Dividend Investor
New Jersey Resources Corp (NJR) Dividend History - Seeking Alpha


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.6997 seconds.